Theoretical bases and approaches to increase of investment attractiveness of a building complex

Irkutsk National Research Technical University, 664074, Irkutsk, Lermontova str., 83, Russia

^* Corresponding author: kudravera@mail.ru

Abstract

By its investment capacity and the range of social tissues to be solved, the construction industry is the most demanded by the state and society. The leading role of the construction complex is also determined by the fact that the final results can be achieved through analyzing the investment and construction complex in its regional aspect and implementing investment and construction programs and projects at the federal and regional levels. In this regard, the development of mechanisms to attract investment and ways to manage investment processes in the construction industry is the most important direction of the policy of the state and regional authorities. In this regard, it is required to clearly define and clarify the role of the regions in developing investment policies in order to increase the attractiveness of the regions’ economy for investing in the long-term perspective, since investments are the stimulus for the economic development of industries. Investments in the construction complex should become the basis for bringing the industry to a new level of development, combining public, social, and commercial interests. The investment component helps to determine the volume, structure, and sources of financing for construction projects. Therefore, it is necessary to conduct an econometric assessment of the territories in terms of investment and construction volumes.